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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Voltaire who wrote (42423)	9/24/1999 8:41:00 AM
From: Wyätt Gwyön	Read Replies (1) \| Respond to of 152472

MCI WorldCom seen in talks to acquire Sprint Compiled by CBS MarketWatch NEW YORK (CBS.MW) MCI WorldCom, one of the last large U.S. carriers without a wireless phone service, is in talks to acquire Sprint and its wireless service, The Wall Street Journal reported Friday. MCI WorldCom (WCOM: news, msgs) has been seeking ways to enter the wireless business amid surging demand among U.S. consumers. Rivals such as AT&T (T: news, msgs) are using wireless as part of a bundle of services aimed at enticing consumers into buying all the communications from one company. While those efforts have not hurt MCI so far, executives there are worried that eventually it will. Still, an agreement could face significant obstacles over price, while regulators are sure to take a close look at a deal that would unite the No. 2 and No.2 U.S. long-distance carriers. Earlier this year, MCI broke off talks with Nextel Communications (NXTL: news, msgs), another national wireless carrier, after the two companies could not agree on a price. Sprint (FON: news, msgs) has been rumored to be a buyout candidate for years, with the most recent rumors involving Deutsche Telekom. The carrier's main business has a market capital of about $40 billion. It Sprint PCS unit (PCS: news, msgs) is worth about $33 billion. If the deal did go through, it would constitute one of the largest acquisitions ever.

To: Voltaire who wrote (42423)	9/24/1999 8:50:00 AM
From: Uncle Frank	Read Replies (2) \| Respond to of 152472

Voltaire, though the Globex Flash report presages an ugly morning for the techs (ndx futures down 14.5), Q's pre-market activity indicates a little strength (bid 187 1/4 and rising). I received the following comment posted in the Options Investor newsgroup: Qualcomm - Surprise Analysts Meeting? Qualcomm has been flying lately. Market understanding that it is an almost guaranteed gorilla of wireless? TheStreet.Com annouced yesterday that institutions are buying "any they can find" call options on Qualcomm, some fairly out of the money. The rumor I am finding on many messages boards is, AT&T will scarp its TDMA system for CDMA and the most positive - Qualcomm is planning a surprise analysts meeting.